Q1:

2025: 3 June Shift 2

Ratios

Easy

Financial Statements

Calculate Gross profit ratio from following info

Revenue from operations3,40,000
Cost of revenue from operations1,20,000
Answer options
Option 2
Correct Answer
Explanation for 2025: 3 June Shift 2 ACC question 1

Q2:

2025: 3 June Shift 2

Ratios

Medium

Financial Statements

To assess the long term solvency of the business, which of the following ratios are needed?

(A) Interest coverage ratio

(B) Proprietary ratio

(C) Acid test ratio

(D) Debt to capital employed ratio

Choose the correct answer from the options given below:

Answer options
Option 1
Correct Answer
Explanation for 2025: 3 June Shift 2 ACC question 2

Q3:

2025: 3 June Shift 2

Ratios

Easy

Financial Statements

Compute Earning per share from following information

Net profit after tax but before dividend1,75,000
Equity shares of Rs. 10 eachRs. 7,00,000
Dividend declared @15%
Market price of a shareRs.13
Answer options
Option 4
Correct Answer
Explanation for 2025: 3 June Shift 2 ACC question 3

Q4:

2025: 3 June Shift 2

Ratios

Easy

Financial Statements

Match List-I with List-II

List-IList-II
(A) Measure of liquidity(I) Return on capital employed
(B) Measure of earning capacity(II) Inventory turnover ratio
(C) Measure of activity of firm's inventory(III) Profitability ratio
(D) Measure of Productive efficiency of funds(IV) Current ratio

Choose the correct answer from the options given below:

Answer options
Option 2
Correct Answer
Explanation for 2025: 3 June Shift 2 ACC question 4

Q5:

2025: 3 June Shift 2

Ratios

Medium

Financial Statements

The current ratio is 2:1

The impact of goods purchased on credit will

Answer options
Option 2
Correct Answer
Explanation for 2025: 3 June Shift 2 ACC question 5

Q6:

2025: 3 June Shift 1

Ratios

Easy

Financial Statements

Match List-I with List-II

List–IList–II
(A) Profitability Ratios(I) This refers to the ratios that are calculated for measuring the efficiency of operations of a business based on effective utilization of resources.
(B) Activity Ratios(II) The ability of a business to pay the amount due to stakeholders as and when it is due.
(C) Liquidity Ratios(III) The ability to meet its contractual obligations towards stakeholders, particularly towards external stakeholders.
(D) Solvency Ratios(IV) It refers to the analysis of profits in relation to revenue from operations or funds (or assets) employed in the business.

Choose the correct answer from the options given below:

Answer options
Option 2
Correct Answer
Explanation for 2025: 3 June Shift 1 ACC question 6

Q7:

2025: 2 June Shift 2

Ratios

Easy

Financial Statements

Operating expense ratio is

Answer options
Option 1
Correct Answer
Explanation for 2025: 2 June Shift 2 ACC question 7

Q8:

2025: 2 June Shift 2

Ratios

Easy

Financial Statements

The main advantage of ratio analysis is.

Answer options
Option 1
Correct Answer
Explanation for 2025: 2 June Shift 2 ACC question 8

Q9:

2025: 31 May Shift 1

Ratios

Easy

Financial Statements

The two basic measures of liquidity are:

Answer options
Option 2
Correct Answer
Explanation for 2025: 31 May Shift 1 ACC question 9

Q10:

2025: 30 May Shift 2

Ratios

Easy

Financial Statements

Calculate the Current Ratio from the following information:

Particulars(Rs.)
Inventories50,000
Trade receivables50,000
Advance tax4,000
Cash and cash equivalant30,000
Trade payables1,00,000
Short-term borrowings (bank overdraft)4,000
Answer options

Q11:

2025: 30 May Shift 2

Ratios

Easy

Financial Statements

Match List-I with List-II

List-IList-II
(A). Liquidity Ratio(I). Receivable Turnover Ratio
(B). Solvency Ratio(II). Quick Ratio
(C). Activity (or Turnover) Ratio(III). Earning Per Share Ratio
(D). Profitability Ratio(IV). Debt to Equity Ratio

Choose the correct answer from the options given below:

Answer options

Q12:

2025: 30 May Shift 1

Ratios

Easy

Financial Statements

Which technique is used to assess profitability, solvency and efficiency of an enterprise through the technique of ratio analysis?

Answer options

Q13:

2025: 27 May Shift 2

Ratios

Easy

Financial Statements

The current ratio of a firm is 2:1 and quick ratio is 1:1. If liabilities are Rs1,00,000 then find the value of working capital.

Answer options

Q14:

2025: 27 May Shift 2

Ratios

Easy

Financial Statements

Calculate 'Liquid Ratio' from the following information:

Current liabilitiesRs. 50,000
Current assetsRs. 80,000
InventoriesRs. 20,000
Advance taxRs. 5,000
Prepaid expensesRs. 5,000
Answer options

Q15:

2025: 27 May Shift 1

Ratios

Easy

Financial Statements

The two basic measures of liquidity are:

Answer options

Q16:

2025: 26 May Shift 2

Ratios

Easy

Common

Which of the following ratios is considered as the solvency ratio?

Answer options

Q17:

2025: 26 May Shift 2

Ratios

Medium

Financial Statements

Revenue from operations = 4,00,000 Average Inventory = 55,000 Gross Profit Ratio = 10%. Calculate Inventory turnover ratio-

Answer options

Q19:

2025: 24 May Shift 1

Ratios

Medium

Financial Statements

A trader carries an average inventory of Rs. 60,000. His inventory turnover ratio is 12 times. If he sells goods at a profit of 20% on revenue from operations, find out the gross profit.

Answer options

Q22:

2025: 22 May Shift 2

Ratios

Easy

Financial Statements

Match List-I with List-II:

List-IList-II
(Ratio)(Formula)
(A) Current ratio(I) Market Price of a share/EPS
(B) Operating Margin Ratio(II) Current Assets/Current Liabilities
(C) Return on Capital employed(III) 100 - Operating Ratio
(D) Price earning ratio(IV) Profit before interest and tax/Capital employed X 100

Choose the correct answer from the options given below:

Answer options

Q23:

2025: 22 May Shift 2

Ratios

Easy

Financial Statements

Profit after tax and interest is Rs 1,60,000.

Tax rate is 20%

10% long term borrowing is Rs 20,00,000

Find profit before tax and after interest

Answer options

Q24:

2025: 22 May Shift 1

Ratios

Easy

Financial Statements

Which of the following are the objectives of Ratio Analysis?

(A) To know the areas of the business which need more attention.

(B) To provide a deeper analysis of the profitability, liquidity, solvency and efficiency levels in the business.

(C) To know about the potential areas which can be improved with the effort in the desired direction.

(D) To provide information derived from financial statements useful for making projections and estimates for the future.

Choose the correct answer from the options given below:

Answer options

Q25:

2025: 22 May Shift 1

Ratios

Easy

Financial Statements

Given the following information:

ParticularsAmount (Rs.)
Revenue from Operations3,40,000
Cost of Revenue from Operations1,20,000
Selling expenses80,000
Administrative Expenses40,000

Calculate Operating ratio.

Answer options

Q26:

2025: 16 May Shift 1

Ratios

Easy

Which of the following is not a profitability ratio?

Answer options

Q27:

2025: 16 May Shift 1

Ratios

Easy

Match List-I with List-II

List-IList-II
(A) Liquidity Ratio(I) Interest Coverage Ratio
(B) Profitability Ratio(II) Acid-Test Ratio
(C) Solvency Ratio(III) Fixed Assets Turnover Ratio
(D) Activity ratios(IV) Return on Capital Employed Ratio

Choose the correct answer from the options given below:

Answer options

Q28:

2025: 15 May Shift 2

Ratios

Medium

The following ratios primarily measure risk:

(A) Liquidity

(B) Activity

(C) Debts

(D) Profitability

Choose the correct answer from the options given below:

Answer options

Q29:

2025: 15 May Shift 2

Ratios

Easy

On the basis of information given below the closing Inventory will be

Opening inventory 20,000

average inventory 40,000

Answer options

Q30:

2025: 15 May Shift 2

Ratios

Medium

To calculate interest coverage ratio; steps followed will be

Net Profit after tax Rs. 60,000; 12% Long-term debt 20,00,000; and Tax rate 40%.

(A) Calculate Net Profit before tax

(B) Divide Net Profit before Interest and Tax by Interest on long-term debt

(C) Calculate Net profit before interest and tax

(D) Calculate Interest on Long-term Debt

Choose the correct answer from the options given below:

Answer options